Brief: HMV Digital China entered agreements to place 3.74 bln new shares

China Creative Digital Entertainment

03/03/2017 14:32

March 3 (Reuters) - Hmv Digital China Group Ltd  8078.HK  
    * Company entered into placing agreements with placing 
agents in relation to placings 
    * Placing of up to 3.74 billion new shares at placing price 
of HK$0.25 per placing share 
    * Net proceeds from SM placing will be approximately 
HK$739.60 million 
    * Net proceeds from GM placing will be approximately HK$185 
million 
 
Source text for Eikon:  ID:nHKS7t1pGp  
Further company coverage:  8078.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))